Fannie Mae-No Politics (FNMA)

[philipmax]

nice post.
also, like to add that the GSE debt was taken out of the National Debt, whose sudden explosion with rising oil imports and trade imbalance, was spooking the market in the early 1970's.

I cannot see a scenario where the GSEs are eliminated without due process. In any case, stockholders will have to be compensated for any stock taken from their equity; including the 79.8% sequestered under conservartoship. The entire capital system of the free world will collapse if this is not done.